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IDBI Bank Falls After RBI Slaps Penalty

Gold Silver Reports (GSR) – IDBI Bank Falls After RBI Slaps Penalty — Shares of the government-owned lender extended decline to second day and fell as much as 3.2 percent to Rs 69.80. The Reserve Bank of India slapped a penalty of Rs 3 crore on the bank for non-compliance of bad loan norms, according to a notification to the exchanges.